StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Sole Purpose of The One Percent - Essay Example

Cite this document
Summary
Yohannes Abera 11/12/11 Lead 219 Professor C. The Sole Purpose of The One Percent The Occupy Wall Street movement, which has since spread to other locations all over the world, has made the terms "One Percent" and "99 Percent" part of mainstream culture. Despite the fact that nearly everyone has heard of these terms, many might not realize what these terms actually mean…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.1% of users find it useful
The Sole Purpose of The One Percent
Read Text Preview

Extract of sample "The Sole Purpose of The One Percent"

Download file to see previous pages

Once this occurs, it will be very difficult for equality to ever exist in the United States again, since the rich will never give these democratic rights back to the poor once they have taken them. The one percent is based on the idea that one percent of the American population controls the majority of the country's wealth. This leaves the other 99 percent of people to fight over whatever money is left over. Capitalism is based on the idea of a free market, where individuals can make as much money as they want under the system.

Those who are successful within the system become rich, while those who are unable to succeed are forced under the rich. The idea is also that a trickledown effect will occur, since the rich will pay the rest of society for services that are needed. This is quickly disappearing from society, however, since the rich are becoming greedier than ever before. They want to make much more money than they will ever need, which causes problems for the poor because this money comes out of their pockets.

In previous generations, the middle class made up the majority of American society, since corporations were forced to pay their workers a fair wage. Today, however, much of this work can be outsourced to other countries at lower wages, which has left many Americans without jobs. Under a democratic system, the people should hold the majority of the power. Unfortunately, the current system has been influenced the presence of these major corporations. These corporate interests are able to make donations to political campaigns and the politicians respond by passing legislation that makes it easier for these corporations to capitalize on the average citizen.

The country’s political system is based on money and if the average person does not have any money, it is almost impossible for that individual to make a difference. The goal of these corporations is to make it even easier on themselves to make money and, eventually, the 99 percent will no longer have a voice. If you look at what a company like Wal-Mart has done over the years, it makes sense. Wal-Mart pays its employees minimum wage and, therefore, it is able to offer products for a lower price than competitors.

The company will then go into an area and put all of its competitors out of business very quickly, since consumers are attracted to low prices. This takes money away from the small business owners who owned the competitor stores and takes money away from the community as a whole because all of the profits from Wal-Mart head to the corporate offices. Unless something is done in the near future, it will be almost impossible for the United States to regain its place as a democratic union and the land of opportunity.

Today’s opportunities are mostly working for the one percent for whatever wage the employer decides to pay. If you do not want that job, someone else will surely take it, since jobs are becoming more scarce. Unfortunately, the power than these corporations have over the political spectrum are making it much more difficult. If Wal-Mart is donating large amounts of money to the Republican Party, that party will do whatever it can to keep that stream of revenue, since it can help the party get into power.

Therefore, the corporation that donates this money has a major influence over the party’

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Sole Purpose of The One Percent Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.org/english/1436561-the-sole-purpose-of-the-one-percent
(The Sole Purpose of The One Percent Essay Example | Topics and Well Written Essays - 750 Words)
https://studentshare.org/english/1436561-the-sole-purpose-of-the-one-percent.
“The Sole Purpose of The One Percent Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/english/1436561-the-sole-purpose-of-the-one-percent.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Sole Purpose of The One Percent

Attention Deficit Hyperactivity Disorder of the Hispanic Female Population

The purpose of this research was to analysis the impact of AHAD and ADD among female Hispanics.... During research it was identified that more than 36percent of the Hispanic women population looked after an older loved one, this percentage is greater than the average percentage of all U....
8 Pages (2000 words) Research Proposal

Main Risks Factors Impacting the Business - BMW Group

percent".... The pre-tax earnings of the BMW group were truncated by the external factors, "pre-tax profit stood at euro 279 million for the third quarter, the amount is 63percent lower than one year earlier, while that for the nine-month period fell to euro 1,522 million" (Citigroup, 2008)....
13 Pages (3250 words) Case Study

The Primary Purpose of the UK Housing Act 2004

The paper “The Primary purpose of the Housing Act 2004” summarizes the officials' attempts to achieve a fair balance between the rights of proprietors of empty dwellings and the benefits of the impacted community.... nbsp; Thirty-seven percent of the survey participants claimed that the repairs and/or renovations were ongoing.... nbsp; Seventeen percent acknowledged that the vacant property needed repairs, nine percent claimed that they were planning to carry out repairs and another nine percent said that they could not afford the repairs....
51 Pages (12750 words) Research Paper

The Purpose Of Imprisonment

The essay "The purpose of Imprisonment" calls upon the history of imprisonment, as well as theoretical justification of such an act in social sciences.... And if wrongdoers compromise the basic right of people for security, whatever be the purpose of imprisonment, society has no recourse but to go for it!... Its main purpose was custodial or coercive in nature....
14 Pages (3500 words) Essay

Determinants of Internet Use in Iraq

Second: Keeping a good chance of developing towards a more industrialized nation is one of the most important concerns of both the well developed and the developing countries today; that it has already been recognized as a particular trend that allows humans to progress further at present....
18 Pages (4500 words) Research Paper

The Role International Law Is Playing in the Prevention of Human Trafficking

nbsp; … one of the major purposes of this study is to identify and recognize different aspects of human trafficking that has now become one of the major issues globally.... Unfortunately, the United Nations Agency for Child Welfare expects that more than one million children would become victims of child trafficking this year.... From this aspect, one of the major purposes of this study is to identify and recognize different aspects of human trafficking that has now become one of the major issues globally....
9 Pages (2250 words) Research Proposal

The Impact Of Facebook On Student Academic Performance

It also found out that the main purpose of using Facebook by students was to keep in sync with the social life of school/college and was found to be a regular part of daily routine for the majority of the students.... hellip; one of the studies indicated that most of the students had joined facebook due to its association with the education of university level.... one of the studies indicated that most of the students had joined facebook due to its association with the education of university level....
7 Pages (1750 words) Essay

The Role of the Teacher and Purpose of Schools

This literature review "The Role of the Teacher and purpose of Schools" discusses international education that has gained a lot of interest over the years.... he purpose of teacher education is to help teachers to articulate their perspectives on global prospects and challenges and to use the perspectives to help the young to look for meaning in life experiences.... Thus, the purpose of teacher education is to equip teachers with the skills and knowledge to interpret subject matter and articulate their perspective on global world changes to prepare young students for their future (Hansen, 2009)....
9 Pages (2250 words) Literature review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us